Daily: the euro rose above the hourly average Bollinger lines, which does not exclude the reaching of the correction zone 1.0111, where the daily average line is also located.
H4: A strong support for the pair is provided by the cluster 0.9993-1.0022. Resistances on the way are 1.0061 and 1.0111.
H1: Stable intraday Bollinger envelopes do not promise high volatility. But surprises are possible due to an active trending ADX.
Scenarios:
- Main – flat in the 1.0000-1.0061 range.
- Alternative – growth of 0111.
Recommendations: Search for possible sales signals in the zones 1.0061 and 1.0111.